Acceptable Insurers definition

Acceptable Insurers. All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance or is on the List of Approved Surplus Line Insurers in the State of California, with an assigned policyholders’ Rating of A- (or higher) and Financial Size Category Class VII (or larger) in accordance with the latest edition of Best’s Key Rating Guide, unless otherwise approved by the City’s risk manager.
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Acceptable Insurers. All policies will be issued by insurers with a Best’s Rating of ▇- ▇▇ or better. Self-Insurance – Upon evidence of financial capacity satisfactory to the City of Nashua and Contractor’s agreement to waive subrogation against the City of Nashua respecting any and all claims that may arise, Contractor’s obligation hereunder may be satisfied in whole or in part by adequately funded self- insurance.
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Acceptable Insurers means (a) any insurer or reinsurer which is regulated by regulators within the EEA and the United Kingdom after Brexit, the United States of America, Canada, and has a credit rating of A- or above from Standard & Poor’s Corporation, A. M. Best, Moody’s or Fitch or (b) which have been approved by the Grantor;
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Examples of Acceptable Insurers in a sentence

  • All Required Insurance is in full force and effect with Acceptable Insurers.

  • The Borrower shall, without cost to the Secured Parties, from the Closing Date and until all Obligations have been indefeasibly paid in full and all Commitments have been terminated, maintain or cause to be maintained (unless otherwise stated below) with Acceptable Insurers insurance policies with limits and coverage provisions sufficient to satisfy the limits and coverage provisions set forth below.

  • Acceptable Insurers means reputable and creditworthy insurers active in the Indian insurance or reinsurance markets.

  • From and after the Execution Date, all Required Insurance is in full force and effect with Acceptable Insurers.

  • Maintain, with Acceptable Insurers, insurance with respect to its properties and business against such casualties and contingencies, of such types and in such amounts as is customary in the case of corporations of established reputations engaged in the same or a similar business and similarly situated.


More Definitions of Acceptable Insurers

Acceptable Insurers. All insurance required hereunder shall be underwritten with an insurance company or companies with an AM Best Rating of A-1 or better, licensed to write such insurance in the Commonwealth of Massachusetts and reasonably acceptable to the Trust; and
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